IRIS Accounts Production v23.3.1.45 13560321 director 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh135603212022-07-31135603212023-07-31135603212022-08-012023-07-31135603212021-08-10135603212021-08-112022-07-31135603212022-07-3113560321ns10:Originalns15:EnglandWales2022-08-012023-07-3113560321ns14:PoundSterlingns10:Original2022-08-012023-07-3113560321ns10:Originalns10:Director12022-08-012023-07-3113560321ns10:Original2022-08-012023-07-3113560321ns10:Original2023-07-3113560321ns10:Originalns10:PrivateLimitedCompanyLtd2022-08-012023-07-3113560321ns10:Originalns10:SmallEntities2022-08-012023-07-3113560321ns10:Originalns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3113560321ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3113560321ns10:SmallCompaniesRegimeForAccountsns10:Original2022-08-012023-07-3113560321ns10:Originalns10:FullAccounts2022-08-012023-07-3113560321ns10:Originalns10:OrdinaryShareClass12022-08-012023-07-3113560321ns10:Originalns10:RegisteredOffice2022-08-012023-07-3113560321ns10:Original2022-07-3113560321ns10:Originalns5:CurrentFinancialInstruments2023-07-3113560321ns10:Originalns5:CurrentFinancialInstruments2022-07-3113560321ns10:Originalns5:Non-currentFinancialInstruments2023-07-3113560321ns10:Originalns5:Non-currentFinancialInstruments2022-07-3113560321ns5:ShareCapitalns10:Original2023-07-3113560321ns5:ShareCapitalns10:Original2022-07-3113560321ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-07-3113560321ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-07-3113560321ns10:Original2021-08-112022-07-3113560321ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3113560321ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3113560321ns10:Originalns10:OrdinaryShareClass12023-07-31
REGISTERED NUMBER: 13560321 (England and Wales)


Financial Statements for the Year Ended 31 July 2023

for

M & K Stores Ltd

M & K Stores Ltd (Registered number: 13560321)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


M & K Stores Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr Bhaveshkumar N Patel





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 13560321 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

M & K Stores Ltd (Registered number: 13560321)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £   
CURRENT ASSETS
Stocks 25,366 25,149
Debtors 4 14,707 14,659
Cash at bank and in hand 11,833 11,431
51,906 51,239
CREDITORS
Amounts falling due within one year 5 11,808 6,584
NET CURRENT ASSETS 40,098 44,655
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,098

44,655

CREDITORS
Amounts falling due after more than one
year

6

38,889

44,043
NET ASSETS 1,209 612

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,109 512
SHAREHOLDERS' FUNDS 1,209 612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

M & K Stores Ltd (Registered number: 13560321)

Statement of Financial Position - continued
31 July 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2024 and were signed by:





Mr Bhaveshkumar N Patel - Director


M & K Stores Ltd (Registered number: 13560321)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

M & K Stores Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 14,246 14,246
Other debtors 461 413
14,707 14,659

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 3,041 -
Taxation and social security 1,510 1,081
Other creditors 7,257 5,503
11,808 6,584

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 38,889 44,043

M & K Stores Ltd (Registered number: 13560321)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary £1 100 100